REPORT OF THE EXECUTIVE COMMITTEE 



221 



CASH BALANCES, RECEIPTS, AND DISBURSEMENTS DURING FISCAL 



YEAR 1960 '—Continued 



The practice of maintaining savings accounts in several of the 

 Washington banks and trust companies has been continued during the 

 past year, and interest on these deposits amounted to $6,304.73. 



Deposits are made in banks for convenience in collection of checks, 

 and later such funds are withdrawn and deposited in the United 

 States Treasury. Disbursement of funds is made by check signed by 

 the Secretary of the Institution and drawn on the United States 

 Treasury. 



The Institution gratefully acknowledges gifts and grants from the 

 following : 



